Credit Card Payoff Calculator
See an estimated payoff timeline for a credit-card balance.
Calculator
Estimated payoff time
—
Approx. years—
Total interest—
Total paid—
How payoff time is estimated
The calculator uses the balance, APR and a fixed monthly payment to estimate the number of payments needed. Credit-card issuers can use daily periodic rates and different minimum-payment rules, so your statement may produce a different result.
Ways to compare a payoff plan
Test a larger payment, a lower APR, or both. Focus on the total cost and the time to become debt-free rather than the monthly payment alone.